Definitions for "Bearer security"
A security not identified in the corporation's books and records as belonging to a specific owner. Possession is assumed to signify rightful ownership.
A certificate not registered in the name of any investor, where the holder is considered the owner of the security.
A bond or share whose ownership is not recorded on a central register and is therefore the equivalent of cash in a capital market. See registered securities.
a printed certificate with interest coupons attached